Target Prices- Negativity Burn-Off

EOD Vectors did indeed indicate a move that went higher (2832.50 zone).  Potential '5/e' price at 2836.75 still holding and a vector reaction at the close looked unsupportive of anymore immediate highs so we will see next week.

Update 2:12pm EST. Vectors are trying very hard to reverse directions to move the market upwards. It is a mid-channel move so will have to see how committed the move is going to be.

ES Prices at zone 5/e may not have concluded. Or they have. Either way the negativity needs to be burned off before any more downward movement with earnest can begin. Daily breadth has not returned to a negative signal but it is descending. Weekly is definitely in negative territory and ascending but it is slowing so a move could be coming within the ensuing week. Could be in for a wait. Ignore the politics and the nasty bug (only regarding those things as being drivers of the market)- it's all about the money on or off the table and always has been- can't restate this enough. The charts mostly tell us where things are headed. Even before the 'bug' arrived the posts here were warning big stuff was coming. How did we know? We didn't- the charts did.

Yes- it 'looks' like a head-and-shoulders on ES prices but the so-called 'classic' price patterns are notoriously unreliable. The vectors tell a much more (90%) reliable story.

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The bots will flag here when they see a top. (1/25/20, 2/20/20)

..and possible bounces/bottoms: (2/28/20) , {3/6/20, 3/9/20,    ?   } x 3**

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Our favorite go to site- McVerry Report 

Chart 1 from 4/23/20- this high still holding:  Chart 2 (below) from 4/24/20 (afternoon)